How do people afford BMWs?
Also, various lease/finance options mean that people can drive away new BMWs from the showroom for “not a great deal of money” upfront. A lot of people like to drive status cars – and are happy to spend the equivalent of a half decent bike every month in order to look good in front of neighbours, friends, girls…Posted 6 years agoGary_CMember
How much do you have to earn to drive a BMW?
How long is a piece of string ?
What model ? New ? Pre-owned ? etc.
I drove one the other week that was for sale, 57 plate 1 series diesel, 1 owner, full dealer history, 100k, fully loaded with all the options. Up for sale at £6k. ( Since sold ) I drove it 85 miles to the dealers & if you didn’t know the mileage was 100k, you’d have thought it’d have done less than half of what it had.
EDIT: Speaking of ‘high’ mileage, drove a 525d Touring today, same dealer, same 85 mile journey, the car drove ‘as new’ no rattles, squeaks, good strong engine, smooth drivetrain, all the electrics worked, leather interior was immaculate. The miles ?……272000 !!Posted 6 years agofubarMember
I guess fleets buy them at substantial discounts…Posted 6 years ago
56.5% of total car sales in April went to fleet customers.TheBrickMember
deadlydarcy – Member
Also, various lease/finance options mean that people can drive away new BMWs from the showroom for “not a great deal of money” upfront. A lot of people like to drive status cars – and are happy to spend the equivalent of a half decent bike every month in order to look good in front of neighbours, friends, girls…
This, status and though business in some way.Posted 6 years ago
That’s 10 years old tho – surely banger terrority?
Assuming that number of 245 above, then a higher rate tax payer would need to have a £612 a month car allowance (60% real rate of tax – 40 + 11 + 9 student loan). And people spend that on a car rather than take the money? Crazy.Posted 6 years agocookeaaSubscriber
fella I work with has a Dad (just the one) who works for BMW and gets a reduced family lease deal for up to three cars he gets a shiny new Mini every twelve months (and thus the piss taking resumes) but as he points out there is no way he could afford to buy any of these cars but he can choose a new mini/1/3/5 series every year for an “affordable” sum pretty much free of worries about servicing or wear and tear…Posted 6 years agojoolsburgerMember
Loads of people get a car allowance, loads of others just spend the 350 or so it costs to get one on PCP others just buy them as they have the cash.Posted 6 years ago
I read somewhere that BMW outsell Ford now or did I dream it? Anyway people can do what they want tis their money eh.
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